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ACCT 567 Week 5 Quiz

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1. Question: (TCO F) Any activities that produce goods or services to be provided to other departments or other governmental units would be reported in which fund?;2. Question: (TCO F) Government units use which fund type to account for services provided to the general public on a user-fee basis?;3. Question: (TCO G) A fund that is the result of an agreement between a contributor and a government that the principal and/or income of trust assets that is for the benefit of individuals, organizations, or other governments is a(n);4. Question: (TCO H) Which of the following would be considered a performance audit under the Governmental Auditing Standards?;5. Question: (TCO J) Which of the following kinds of information would not be provided by management?s discussion and analysis (MD&A)?;6. Question: (TCO H) Which of the following would be considered ?contribution revenue or support? of a not-for-profit organization?;7. Question: (TCO H) Describe the different types of governmental audits and attestation engagements.;8. Question: (TCO F) Internal Service Fund, Statement of Cash Flows. Prepare a statement of cash flows for the internal service fund for the city of Pearman from the following information

 

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